NEW DELHI - Apple Inc plans to begin manufacturing the iPhone 14 in India about two months after the product's initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.
Analysts such as Ming-Chi Kuo of TF International Securities Group have said they anticipate Apple will ship the next iPhone from both countries at roughly the same time, which would have been a significant benchmark in Apple's efforts to diversify its supply chain and build redundancy. Redington India Ltd, which distributes Apple products in the country, rose as much as 9.5 per cent after Bloomberg's initial report.
Some people within Apple and Foxconn had hoped to begin simultaneous production in India this year, but that was never an official plan. One challenge in narrowing the cap of India production is secrecy. Apple goes to extreme lengths to keep new product details confidential, and imposing the same rigorous controls in a second country would prove difficult.
Iphone 14 already launching. By the time India is capable of manufacturing iphone 14, iphone 16 hits the market.
Have to invest in india early to make money on their growth.